BLOK
STUDIO
SIX ON N
MICRO to enter the market at a lower capital investment compared to one or two bedroom apartments in the area . They are most comparable to one bedroom units as the number of people you can fit in the unit remains the same whether it is a one bed , studio or micro . This means that the nightly rate you can charge remains similar across those options , making the capital investment far more attractive at the micro level . Further , because of the size , it greatly reduces the rates and levies you would pay whilst still offering you the ability to rent the unit out competitively .
These units are great entry points into the Airbnb market with a cash positive outlook . The size means that your monthly upkeep costs are drastically reduced , your rates and levies are reduced and your ability to be cash positive on day one is greatly increased .
Buying the most cost effective unit in the most desirable area of South Africa ensures buyers will experience strong growth both in capital and income . The finite nature of the Atlantic Seaboard also ensures that supply remains constrained while demand continues to grow .
VISIT WWW . BLOK . CO . ZA FOR MORE INFORMATION
SA Real Estate Investor Magazine APRIL 2022 29